What Casinos Can’t Buy a Poor Town

By

Robin Moroney

Mar 5, 2007 7:00 pm ET

Casinos have brought jobs and prosperity to Tunica, Miss., whose poverty in 1985 led Jesse Jackson to declare it “America’s Ethiopia.” Yet the town, the fifth-largest gambling market in the U.S., also shows that gambling’s bounty for poor communities eventually hits a limit. Stephanie Mehta says in Fortune’s latest issue the floating casinos in Tunica […]